this post was submitted on 06 Jan 2024
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I'd rather have 100 dollar bills rather than 1 dollar bills.
I wouldn't. Most places refuse to take $100s due to rampant counterfeiting, and banks don't bat an eye at a huge stack of ones as a deposit. To just flow through life, a limitless supply of ones is far easier to deal with than any amount of crisp $100 bills. Inflation might change this, but probably not in my lifetime.
Most places where you live. This isn't a problem for the entire globe. Some of it, sure. But not all of it. I pay with hundreds all the time in Australia and noone gives a shit.